Shea Levin · Sep 3, 2026
Shea Levin — text status
Global oil prices climbed to fresh six-week highs as renewed U.S. strikes against Iran and escalating tensions across the Middle East increased concerns over potential disruptions to energy supplies.
Brent crude climbed above $97 a barrel while U.S. crude rose above $93, with sharply reduced shipping through the Strait of Hormuz adding further pressure to global energy markets.



